Subject : Economy Context : Testing of products under the RBI’s regulatory sandbox, which was delayed on account of COVID-19 pandemic, has commenced, with two entities starting the ‘test phase’ with their products. Concept : The central bank had announced opening of the first cohort under regulatory sandbox, with ‘Retail Payments’ as its theme, in […]

Subject : Economy Context : Even as India opted to stay out after walking out of discussions last year, the new trading bloc has made it clear that the door will remain open for India to return to the negotiating table. Concept : Reasons for India’s Withdrawal Unfavourable Balance of Trade: Though trade has increased […]

Subject : Economy Context : The much-delayed Kochi-Mangaluru natural gas pipeline project is finally ready for commissioning as GAIL India has completed the project. Concept : The 444-km-long natural gas pipeline was launched in 2009 at an estimated cost of ₹2,915 crore and was to be commissioned in 2014. But opposition with regard to safety […]

Subject : Economy Context : India’s wholesale price inflation quickened to the highest level in eight months, reaching 1.48% in October 2020 as per provisional data, compared with 0% in October 2019 and 1.32% in September this year. Concept : Wholesale Price Index It is the most widely used inflation indicator in India. Published by […]